2022 was a brutal start of the year for tech giants. Netflix is down 70%, Nvidia dropped 44%, and Facebook declined 43%.
Although most technology stocks took a pummelling, a few companies weathered the storm and showed growth. These include telecom operators, T-Mobile and AT&T.Bloomberg Intelligence analyst John Butler said T-Mobile’s early lead in rolling out 5G would help the operator outperform its competitors and increase sales.
Locally, Vodacom was the best performing share this year, rising 5% year-to-date. MTN declined by 4%, and Telkom was down 16%. This debate gained momentum following the crash in tech shares in 2022, which caused pain among investors heavily invested in US tech giants.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: